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Mao Zedong scroll thieves jailed in Hong Kong

Police Show A Picture Of A Calligraphy Scroll Written By Mao Zedong Worth About 300 Million Usd

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Three folks have been jailed in Hong Kong for stealing artwork mentioned to be price hundreds of thousands, together with a calligraphy scroll written by former Chinese communist chief Mao Zedong.

The thieves had been unaware of its worth and bought it to an beginner collector for underneath HK$200 ($25; £20).

The purchaser himself did not know the price of the calligraphy and minimize it in half so it might be extra simply saved.

The defendants had been every jailed for as much as two and a half years.

The handwritten scroll comprises particulars of a Chinese Communist Party assembly and several other stanzas of Mao’s poetry. Its proprietor has claimed it’s estimated to be price round $300m (£230m), although it’s not recognized how the valuation was obtained.

The scroll was stolen in a large heist in September 2020, when three males broke into the home of Fu Chunxiao, a widely known collector of stamps and revolutionary artwork.

They additionally made off with vintage stamps, copper cash and different items of calligraphy by Mao. The whole haul was price HK$5bn ($645m; £500m) based on Mr Fu, who was reportedly in mainland China when the housebreaking came about.

A purchaser then noticed a public enchantment by police, and surrendered himself with each items of the scroll.

Ho Yik-chiu, 46, Ng Wing-lun, 45, and Hui Ping-kei, 48, all pleaded responsible, based on The South China Morning Post.

The courtroom heard how the three males had been seasoned burglars who had intentionally focused Mr Fu’s residence whereas he was abroad.

Much of the haul remains to be lacking.

In 2019, a calligraphic autograph letter written by Mao Zedong was auctioned off by Sotheby’s for £519,000. .

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